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U.S.-U.K. Talks
Fan Hopes for Plan
To Ease Debt Load

By

Michael M. Phillips Staff Reporter of THE WALL STREET JOURNAL

Updated April 18, 2005 12:01 a.m. ET

WASHINGTON -- The U.S. and Britain edged closer to an agreement that could provide billions of dollars in debt relief for impoverished nations, but they remained split over the question of whether to provide even more new aid to relieve global poverty.

The negotiations raised hopes that the two nations -- which are leading the debate among the Group of Seven major industrial powers -- will be able to settle on a developing-world debt...